NasdaqGS:DORM

Stock Analysis Report

Executive Summary

Dorman Products, Inc. supplies automotive replacement parts, automotive hardware, and brake products to the automotive aftermarket and mass merchandise markets in the United States, Canada, Mexico, Europe, the Middle East, and Australia.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

How has Dorman Products's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.6%

DORM

-4.6%

US Auto Components

-0.6%

US Market


1 Year Return

1.0%

DORM

-23.3%

US Auto Components

0.6%

US Market

DORM outperformed the Auto Components industry which returned -22.2% over the past year.

DORM matched the United States of America Market (1.1%) over the past year.


Share holder returns

DORMIndustryMarket
7 Day-2.6%-4.6%-0.6%
30 Day12.0%7.8%2.2%
90 Day-7.1%0.1%1.1%
1 Year1.0%1.0%-22.1%-23.3%2.9%0.6%
3 Year20.8%20.8%6.6%-5.1%44.6%35.2%
5 Year96.6%96.6%15.7%-0.3%61.9%44.2%

Price Volatility Vs. Market

How volatile is Dorman Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

2 months ago | Simply Wall St

With EPS Growth And More, Dorman Products (NASDAQ:DORM) Is Interesting

Valuation

Is Dorman Products undervalued based on future cash flows and its price relative to the stock market?

23.22x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Dorman Products's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Dorman Products's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Dorman Products is overvalued based on earnings compared to the US Auto Components industry average.

Dorman Products is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Dorman Products is poor value based on expected growth next year.


Price Based on Value of Assets

Dorman Products is overvalued based on assets compared to the US Auto Components industry average.


Next Steps

Future Growth

How is Dorman Products expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

18.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Dorman Products's revenue is expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).

Dorman Products's earnings are expected to grow by 18.3% yearly, however this is not considered high growth (20% yearly).

Dorman Products's revenue growth is positive but not above the United States of America market average.

Dorman Products's earnings growth is expected to exceed the United States of America market average.

Dorman Products's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Dorman Products will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Dorman Products performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Dorman Products's year on year earnings growth rate has been positive over the past 5 years.

Dorman Products's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Dorman Products's 1-year earnings growth is negative, it can't be compared to the US Auto Components industry average.


Return on Equity

Dorman Products has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Dorman Products used its assets more efficiently than the US Auto Components industry average last year based on Return on Assets.


Return on Capital Employed

Dorman Products's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Dorman Products's financial position?


Financial Position Analysis

Dorman Products is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Dorman Products's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Dorman Products has no debt.

Dorman Products has not taken on any debt in the past 5 years.

Dorman Products has no debt, it does not need to be covered by operating cash flow.

Dorman Products has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Dorman Products has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Dorman Products's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Dorman Products's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Dorman Products's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Dorman Products has not reported any payouts.

Unable to verify if Dorman Products's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Dorman Products has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Dorman Products's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average management tenure


CEO

Kevin Olsen (47yo)

0.7yrs

Tenure

US$873,328

Compensation

Mr. Kevin M. Olsen has been President of Dorman Products, Inc. since August 6, 2018 and serves as its Chief Executive Officer and Director since January 1, 2019. He served as Chief Operating Officer of Dor ...


CEO Compensation Analysis

Kevin's remuneration is lower than average for companies of similar size in United States of America.

Kevin's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

0.7yrs

Average Tenure

51yo

Average Age

The average tenure for the Dorman Products management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.5yrs

Average Tenure

63yo

Average Age

The tenure for the Dorman Products board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Steven Berman (59yo)

    Founder & Executive Chairman

    • Tenure: 4yrs
    • Compensation: US$765.61k
  • David Cohen (58yo)

    Senior Vice President - Product

    • Tenure: 2.3yrs
  • Tom Knoblauch (62yo)

    Corporate Counsel

    • Tenure: 0.4yrs
  • Mike Ginnetti (42yo)

    VP & Corporate Controller

    • Tenure: 0.5yrs
    • Compensation: US$404.41k
  • Jeffery Darby (51yo)

    Senior Vice President of Sales & Marketing

    • Tenure: 8.6yrs
    • Compensation: US$673.79k
  • Mike Kealey (44yo)

    Executive Vice President of Commercial

    • Tenure: 8.6yrs
    • Compensation: US$1.53m
  • Kevin Olsen (47yo)

    President

    • Tenure: 0.7yrs
    • Compensation: US$873.33k
  • Mike Dempsey

    Senior Vice President of Supply Chain

    • Tenure: 2.3yrs
  • David Hession

    Senior VP & CFO

    • Tenure: 0.5yrs
  • Joseph Braun

    Senior VP & General Counsel

    • Tenure: 0.4yrs

Board Members

  • Mike Stakias (69yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: US$157.53k
  • Rich Riley (63yo)

    Independent Director

    • Tenure: 9.5yrs
    • Compensation: US$165.03k
  • Steven Berman (59yo)

    Founder & Executive Chairman

    • Tenure: 4yrs
    • Compensation: US$765.61k
  • Jack Gavin (63yo)

    Independent Director

    • Tenure: 2.9yrs
    • Compensation: US$157.53k
  • Paul Lederer (80yo)

    Lead Director

    • Tenure: 0yrs
    • Compensation: US$170.03k
  • Kelly Romano (57yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$150.03k
  • Kevin Olsen (47yo)

    President

    • Tenure: 0.7yrs
    • Compensation: US$873.33k

Company Information

Dorman Products, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dorman Products, Inc.
  • Ticker: DORM
  • Exchange: NasdaqGS
  • Founded: 1978
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$2.618b
  • Shares outstanding: 32.60m
  • Website: https://www.dormanproducts.com

Number of Employees


Location

  • Dorman Products, Inc.
  • 3400 East Walnut Street
  • Colmar
  • Pennsylvania
  • 18915
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DORMNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 1991
RABDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1991

Biography

Dorman Products, Inc. supplies automotive replacement parts, automotive hardware, and brake products to the automotive aftermarket and mass merchandise markets in the United States, Canada, Mexico, Europe, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 00:03
End of Day Share Price2019/09/20 00:00
Earnings2019/06/29
Annual Earnings2018/12/29


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.